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Article: Yahoo 3Q lobbying expenses fall to $510K
- Article from:
- AP Online
- Article date:
- November 9, 2009
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Yahoo Inc. clamped down on its political lobbying expenses in the third quarter even as the Internet company started to muster support for its proposed partnership with rival Microsoft Corp., according to a recent disclosure form.
The Sunnyvale, Calif.-based company spent $510,000 trying to influence lawmakers and regulators on a variety of issues during the July-September period. That represented an 11 percent decrease from lobbying expenses of $570,000 in the same period last year.
Through the first nine months of the year, Yahoo spent nearly $1.5 million on lobbying, down 21 percent from the year-ago period.
Yahoo has become more frugal during the past year as its ...